Articles On Alkane Resources (ASX:ALK)

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

Alkane Resources has made positive progress on its drilling program at the northern Molong Porphyry project (NMPP) in central west NSW. Alkane is considered one of Australia’s up-in-coming multi-mine gold producers, with successes includin...

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

The global banking crisis has sent gold prices past $3000/oz in Australian dollar terms for the first time in the past week. And while they have struggled to push through those levels, facing resistance at the critical US$2000/oz mark ($297...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

New drilling at Kincora Copper’s Trundle project has got off to a very encouraging start, intersecting significant zones of potential ore grade mineralisation at shallow depths in the first holes at three targets in the world-class Lachlan...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

In the last month Rimfire Pacific Mining announced it was drilling the western extension of Kincora’s brownfield Trundle porphyry project and satellite images have confirmed FMG is also now drilling the southern extension. First assays from...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Alkane Resources has entered into an agreement to acquire two exploration tenements in NSW, both of which are highly prospective for gold and copper.  The two Macquarie sites will be purchased from Sandfire Resources for $1.9 million worth...

Gold production company Alkane Resources [ASX:ALK] has managed to acquire an extra two packages of exploration tenements in the Macquarie Arc, New South Wales. By entering into an agreement with Sandfire Resources for the swap of $1.9 milli...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

04 Mar 2023 - It was an eventful reporting season for emerging gold/copper miner Alkane (ASX:ALK) – it turned in a solid half-year profit for the six months to December, finally go…

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

A proposed extension of Alkane Resources’s Tomingley gold mine has been approved by the New South Wales Minister for Planning.  Current operations are ongoing at three gold deposits in the site, which include open-cut and underground opera...

Alkane Resources (ALK) receives approval from the New South Wales Minister for Planning and $50 million in debt funding for its Tomingley gold extension project The approval includes the development of the Roswell and San Antonio deposit...

Newmont’s headline-making multi-billion-dollar bid for Newcrest Mining is another move demonstrating just how keen the majors are to boost their exposure to copper, which is garnering more support to be declared a critical metal given its k...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

Copper prices have performed strongly since China ended its Covid-Zero policy But Capital Economics thinks they may have run too fast, predicting a tough few months as reality catches up with expectation Miners slide, with gold miners hit...

11 producer quarterlies ranked from goodest to ‘don’t look down’ Eight gold miners and others on the bill with MinRes, Newcrest, St Barbara, West African among those reporting December performance It’s quarterly season, in case you haven’...

All Ordinaries Index (ASX: XAO) shares closed up 0.7% on Friday. That helped the All Ords post a gain of 1.2% for the first week of trading in 2023. Investors will certainly welcome this start to the new year after All Ordinaries shares dr...

The S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. In afternoon trade, the benchmark index is up slightly to 7,059.6 points. Four ASX shares that are climbing more than most today are listed below. Here’s why they...

Shares in Alkane Resources (ALK) surge more than 12 per cent this morning after news its Tomingley Gold Operations have exceeded its production forecasts for last quarter December quarter production was at 18,301 ounces of gold, bringing...

ASX gold shares are broadly enjoying a strong run today. With the gold price edging higher overnight to US$1,855 per troy ounce (up 1.7% so far in 2023), most gold stocks are in the green. That sees the S&P/ASX All Ordinaries Gold Inde...

It’s Monsters or Mouse, our annual parade of ASX mining stocks who joined the half-a-billion AUD club (or got booted) in ’22. Despite trying market conditions a handful of miners, explorers and contractors caught the attention of investors...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

Lithium stocks tumbles across the board in tumultuous trading day Falls could be due to Chinese lithium prices, analyst commentary and a (bizarrely) disappointing $110m lithium cargo sold by PLS Materials sector drops 1.4%   Lithium equit...

Kincora Copper has closed an oversubscribed $2.4m placement that has been cornerstoned by a mining-focused family office and strongly backed by all directors. The company is now well funded to advance its next phase of drilling focused on s...

Alkane Resources (ALK) reports “significant” gold-porphyry mineralisation from the last set of drill results from its Kaiser prospect in New South WalesThe prospect lies one kilometre from the 5.2 million-ounce Boda inferred resource within...

Aussie and Kiwi gold miners saw their average all in sustaining costs rise 10.3% in the September quarter to $2012/oz Capricorn and Alkane among the lowest cost pure play gold producers Materials sector rises 0.22% Inflation is running ra...

The copper space is getting hotter as the majors step up their hunt for options to supplement rapidly declining inventories to help meet soaring demand driven by the global decarbonisation and electrification effort and top consumer China r...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

Is surging investor interest in niobium more than just a flash in the pan?    Niobium has caught the eyes of punters thanks to a spectacular discovery a few weeks ago by WA1 Resources (ASX:WA1) in a fairly remote part of the world, around...

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Inflation, labour shortages, Covid and ageing assets are seeing costs climb across the ASX gold sector We pared through ASX quarterlies this month to find some of the industry’s top performers on costs in the September quarter If you spen...

Who is a winner from the Federal Budget’s forecasts for further rapid increases in power and gas prices, and further significant investment in the increasingly urgent energy transition? There are a few, but the most critical metal to achiev...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

Alkane Resources (ALK) receives further results from a drilling program at its Northern Molong Porphyry project in New South WalesThe company has received results from the Korridor and Kaiser prospects, with up to 1.10 g/t gold and 0.83 per...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Alkane Resources (ALK) is pleased with the performance of its Tomingley gold operations over the September quarterThe NSW-based operations produced nearly 19,500 ounces of gold which, while a slight decrease on the previous quarter, still e...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

New Hope Corporation and Washington H. Soul Pattinson sees its chair and non-executive director buy up Peter Warren Automotive Group executive director Paul Warren adds to company his father founded 60 years ago Alkane Resources sees its n...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...